COECF closed above its 10 week moving average. This is generally considered to be an indication of a bullish trend..Price Channel
COECF has been relatively stable recently. This is evidenced by the width of its price channel which is tighter than is normal due to the low volatility. Additionally, COECF is trading within its price channel. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the price action over the last 14 week period.
COECF closed above the trigger point for the Parabolic SAR and is currently registering a bullish signal. The current Significant Point, below which a reversal to the bearish side would occur, is 0.13
The On Balance Volume indicator (OBV) shows that longer term selling pressure has given way to near term accumulation.
All my posts, are only My Opinion
